Equity Returns on ESOPs Outpace S&P 500
More than 350 ESOP-owned companies in Stout’s valuation portfolio produced a 17.3% average annual return, surpassing the S&P at 11.9%.
Tag: ESOPs
ESOP Bills Pass Senate By Unanimous Vote
Daniel Aronowitz, the recently confirmed head of the Employee Benefits Security Administration, has also expressed support for employee stock ownership...
3 Retirement Bills Advance to Full House of Representatives
Two of the bills, which target the Department of Labor’s audit process, sparked heated debate, but the third bill, concerning...
2 ESOP Bills Advance Out of HELP Committee in Unanimous Vote
A third ESOP bill was originally scheduled to be voted on during the hearing, but no vote was held
ESOP Association Launches Campaign Pressing For Aronowitz’s EBSA Confirmation
The campaign includes a website, which urges Aronowitz’s confirmation and includes sections called “How ESOPs Benefit Everyone” and “What’s the...
Senate HELP Committee Plans Markup of 3 ESOP Bills This Week
A hearing Thursday discussed three bill aimed at expanding employee stock ownership plans, and a fourth bill was introduced that...
EBSA Nominee Says He Will End ‘Regulation by Litigation’
Daniel Aronowitz pledged Thursday to reduce litigation and expand retirement benefits and also to end a “war on ESOPs.”
ESOP Bills Introduced in Senate
The two bills, proposed by Senator Bill Cassidy, aim to strength employee stock ownership plans.
Lawsuits Call Attention to ESOP Cash Holdings
Plan fiduciaries have been accused of failing to prudently invest cash held in employee stock ownership plan trusts in recent...
Proposed ESOP Rules Scrapped Following Trump’s Regulatory Freeze
A presidential executive order issued Monday led to the withdrawal of rules that had not yet been published in the...
DOL Proposes Rule to Clarify ‘Adequate Consideration’ for ESOP Transactions
The regulation aims to strengthen protections for employees in stock ownership plans
‘Expanding ESOPs’ Coalition Aims to Increase Awareness
The new group intends to improve wealth-building opportunities for American workers.
Principal to Expand ESOP Business Via Acquisition from Ascensus
The firm will add 800 plans and more than 165,000 participants to its leading ESOP position in the U.S.
ESOP Appraisal Proposal Expected in Coming Months
EBSA has not, however, set a hard deadline for the much-anticipated proposal.
Fiduciary Responsibility: 3(38) Services Set to Increase
Plan sponsors are gravitating toward 3(38) investment managers, letting advisers take the wheel, according to a CAPTRUST senior plan adviser.
DOL, IRS Announce Spring Regulatory Agendas
The agendas contain important updates on fiduciary corrections and ESOP valuation.
Will ESOPs Finally Get Regulatory Clarity?
SECURE 2.0 requires DOL to create rules for ESOP valuation.
Nuts and bolts
Maximize Plan Committee Meeting Times
Plan committee meetings are often the main face-to-face time that advisers have with their clients and are crucial times for...
EBSA Head Says Disclosure, SECURE 2.0, ESG Are Key Priorities
EBSA’s Lisa Gomez identified upcoming regulatory priorities related to SECURE 2.0 and the importance of effective disclosure at a conference...